Trane Technologies
TT
$294.87
Share price
1.28%
Change (1 day)
65.91%
Change (1 year)
Trane Technologies (TT) - P/B ratio
P/B ratio as of April 2024 : 9.55
According to Trane Technologies
's latest financial reports the company has a price-to-book ratio of 9.55.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Trane Technologies - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 7.91 | 24.74% |
| 2022-12-31 | 6.34 | -17.11% |
| 2021-12-31 | 7.65 | 41.06% |
| 2020-12-31 | 5.42 | 25.2% |
| 2019-12-31 | 4.33 | 38.67% |
| 2018-12-31 | 3.12 | 1.02% |
| 2017-12-31 | 3.09 | 7.17% |
| 2016-12-31 | 2.89 | 17.44% |
| 2015-12-31 | 2.46 | -10.87% |
| 2014-12-31 | 2.76 | 12.89% |
| 2013-12-31 | 2.44 | 24.53% |
| 2012-12-31 | 1.96 | 44.63% |
| 2011-12-31 | 1.36 | -29.3% |
| 2010-12-31 | 1.92 | 20.09% |
| 2009-12-31 | 1.60 | 95.24% |
| 2008-12-31 | 0.8179 | -48.28% |
| 2007-12-31 | 1.58 | -27.79% |
| 2006-12-31 | 2.19 | -5.52% |
| 2005-12-31 | 2.32 | -5.13% |
| 2004-12-31 | 2.44 | -7.51% |
| 2003-12-31 | 2.64 | 30.26% |
| 2002-12-31 | 2.03 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 SPX Corporation SPXC | 4.58 | -51.98% | 🇺🇸 USA |
 Trane Technologies
TT | 9.55 | 0.00% | 🇮🇪 Ireland |